Allied, Tyfone partner for real-time payments in digital banking

Thursday 3 June 2021 15:17 CET | News

Digital bill payment services provider Allied Payment Network (Allied) has partnered with digital banking solutions provider Tyfone, according to the official press release. 

Tyfone will integrate Allied’s core-connected, real-time digital payment solutions into its digital banking platform to deliver faster money movement options. Consumers and small business using Tyfone’s digital banking platform can take advantage of Allied’s industry-first technology that allows them to make real-time payments from within their financial institution’s digital or mobile banking environment. Users can move funds immediately from their account to a biller or individual, and the instant nature of the payments also enables more accurate record-keeping and enhanced financial wellness.

Tyfone’s clients will have access to Allied’s full suite of digital payment products, including PicturePay, a mobile click-and-pay app, FlexPay bill pay with eBills, A2A and P2P payments, small business payments, and loan payments from external lending institutions.

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Keywords: partnership, account-to-account payment, digital banking, real-time payments
Categories: Banking & Fintech | Online & Mobile Banking
Countries: United States
This article is part of category

Banking & Fintech